CORPORATIONS: Roller-Coaster Ride

Curtiss-Wright Corp. and its Chairman
Roy T. Hurley are having their woes in the business of making aircraft
engines, but when it comes to press releases, they fly high. Month ago,
with sales down from $599 million in 1957 to $389 million in 1958 and
still slumping, C-W displayed a "revolutionary" new air-car for U.S.
travelers, a vehicle that has no wheels, but zooms along at 60 m.p.h.
just off the ground on a cushion of compressed air.

Last week there was no further word of air-car production or of orders.
But Chairman...